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Regeneron Buys New Stake in Parabilis Medicines, Inc.

Regeneron Pharmaceuticals logoRegeneron Pharmaceuticals
Sig1.75Sen+1.40Env0.00Soc0.00Gov0.00
Parabilis Medicines logoParabilis Medicines
Sig2.60Sen+5.50Env0.00Soc0.00Gov0.00

Regeneron Pharmaceuticals reported buying a new stake in Parabilis Medicines during the second quarter via its Form 13F filing. During the same period, ICONIQ Capital, ARCH Venture Management and Alphabet disclosed new Parabilis positions worth about $9.58M, $175.52M and $134.65M. Analysts rate the stock mostly Buy, with a consensus Buy and an average target price of $41.67.

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